This is kind of long…sorry.

Okay, I'm learning a little as I read the forums, but I still need a lot of help :-)

I'm looking to buy a bike. I'd like to find something that is fairly light and has decent equipment. Currently I'm looking for a mid to early 80's steal bike with alloy wheels, seat post, handle bars, etc.

I've noticed on ebay how some older bikes sell for more than newer all alluminum bikes. Is this because the older bikes are better, or is it because they are more of a collector's item?

I am not a collector. I do not care about "original condition" nor do I have to have the latest and greatest. I'm looking for the best quality for the best value.

I'd really love to find something half way nice for less than $200.00. Good components and a fairly light weight (22-27lbs…my current bike is 34lbs so anything is better).

So on the one hand I'm kind of lost, but on the other hand I kind of know what I'm looking for. Based on what I've read I think I'd be happy with something like a Peugeto PX-10, or Raleigh Professional, or perhaps a Schwinn Super Sport (or on of the others that is a step down from the paramount). Also the early Treks seem to be right up my ally.

Here are some of the bikes I've been watching on e-bay that have either gone too high, or I've been unsure of before bidding.

7176341734 - Trek 1100 No bids started at $99
7176109312 - Trek 1100 Sold for $202
7175091593 - Peugeot $285
7175831152 - Montagner $125 - I bid on this one and should have bid more to get it
7176060320 - Trek $282 - Older steal frame

There have been others as well, but this gives you an idea of what I've been looking at.

I don't really know what my question is. I'm just kind of brainstorming through this with you to see if you think I'm headed in the right direction. Or perhaps I'm wasting my time. There are no used bike stores near me, and I can't afford to purchase a new bike. So ebay is one of my main sources for finding a bike. I don't want to end up paying $200 for a piece of junk that is only worth $25.

Thanks.